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IF X THEN Z AS
AS
Active
Org 930384399
Kokstadvegen 46, 5257 Kokstad
Industrial product and fashion design activities · NACE 7411
Est. 2022
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 30K
+11% vs 2023
EBITDA margin
-1654.1%
-143% vs 2023
Equity ratio
67.5%
Financial strength
Net profit 2024
NOK -12K
+95% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 30K
+11%
EBITDA
NOK -496K
-143%
Net profit
NOK -12K
+95%
Total assets
NOK 223K
+32%
Equity
NOK 151K
-8%
Employees
1
—
Company information
Legal name
IF X THEN Z AS
Org number
930384399
Legal form
Aksjeselskap
NACE code
7411 · Industrial product and fashion design activities
Founded
8. desember 2022
Share capital
NOK 405 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Ørjan søviknes
Company purpose
Utvikling og design av leketøy og andre innovative produktkonsepter.
Contact
Address
Kokstadvegen 46, 5257 Kokstad
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Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
0
27
30
Staff expenses
−0
−148
−232
EBITDA
−4
−205
−496
Depreciation & amort.
−0
−26
−62
EBIT
−4
−231
−558
Net financials
0
−2
545
Profit before tax
−4
−233
−12
Tax
−0
−0
−0
Net profit
−4
−233
−12
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
26
168
223
Equity
21
163
151
Long-term debt
0
0
0
Short-term debt
6
5
72
Total debt
6
5
72
Financial ratios
5-year trend
EBITDA margin
-1654.1%
This company
15.8%
Market median
-10569% vs market
2022
2024
Equity ratio
67.5%
This company
38.2%
Market median
+77% vs market
2022
2024
Return on equity
-8.2%
This company
18.4%
Market median
-145% vs market
2022
2024
Net profit margin
-41.4%
This company
8.1%
Market median
-611% vs market
2022
2024
Asset turnover
0.13×
This company
1.12×
Market median
-88% vs market
2022
2024
Debt / equity
0.48×
This company
0.62×
Market median
+23% vs market
2022
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
ØS
Ørjan Søviknes
Chairman
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Johanne Sundvor
Individual
2.47%
2.47%
2024
Eivind Søviknes
Individual
1.23%
1.23%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
IF X THEN Z AS
(this company)
SOME RANDOM GUYS AS
Board network connections
Board members of IF X THEN Z AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ørjan Søviknes
Chairman
0 companies